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Kylah entreprises began the current amount with inventory costing $10,000, then purchased inventory at a cost of $35,000. The perpetual inventory system indicates that inventory

Kylah entreprises began the current amount with inventory costing $10,000, then purchased inventory at a cost of $35,000. The perpetual inventory system indicates that inventory costing $30,000 was sold during the month for $40,000. If an inventory count shows that inventory costing $14,500 is actually on hand at month-end, what amount of shrinkage occurred during the month?

Amount of Shrinkage

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